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Insurance Underwriter II Salary in Lehi, Utah

Insurance Underwriter II Salary in Lehi, UT

How much does an Insurance Underwriter II make in Lehi, UT? The average Insurance Underwriter II salary in Lehi, UT is $67,600 as of March 26, 2024, but the range typically falls between $60,500 and $78,000. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Insurance Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter II Salary $54,036 Lehi,UT March 26, 2024
25th Percentile Insurance Underwriter II Salary $60,500 Lehi,UT March 26, 2024
50th Percentile Insurance Underwriter II Salary $67,600 Lehi,UT March 26, 2024
75th Percentile Insurance Underwriter II Salary $78,000 Lehi,UT March 26, 2024
90th Percentile Insurance Underwriter II Salary $87,469 Lehi,UT March 26, 2024
25% $60,500 10% $54,036 90% $87,469 75% $78,000 $67,600 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Underwriter II utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter II ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter II may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Insurance Underwriter II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter II in Lehi, UT

Career Path for this job

  1. Down a level:

    Insurance Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Underwriter III

    4 - 7 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for an Insurance Underwriter II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
60500
78000
67600

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
62900
83000
70900
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter II in Lehi, UT. The base salary for Insurance Underwriter II ranges from $60,500 to $78,000 with the average base salary of $67,600. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,900 to $83,000 with the average total cash compensation of $70,900.
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60500
78000

 

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About Lehi, Utah    Lehi (/ˈliːhaɪ/ LEE-hy) is a city in Utah County, Utah, United States. It is named after Lehi, a prophet in the Book of Mormon. The population was 47,....More

Lehi, Utah  area prices were up 2.3% from a year ago    View the Cost of Living in Lehi, Utah

Insurance Underwriter II Salary in popular cities: Salt Lake City, Provo, West Jordan

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